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perhaps it is even perilous--that interests so grave and so gigantic should fall for their guardianship into hands so incompetent and so petty. It may be an inevitable accompaniment of our Parliamentary system that the naval debates should be so conducted; if so, one must put it down as one of the evils which must be taken as part of the price we pay for the excellences of a representative system. [Sidenote: Sir Edward Reed as an alarmist.] I may dismiss the debate on the Navy with one or two further observations. Sir Edward Reed, though he knows a good deal about ships--for he has had something to do with them all his life--is not an authority whom one can implicitly accept. He is not a politician who has prospered according to what he believes and what are doubtless his deserts, for he is a very clever man, and politicians who are a little disappointed have a certain tendency to ultra-censoriousness, which damages the effectiveness and prejudices the authority of their criticisms. Thus, Sir Edward has been always more or less of a pessimist with regard to the doings of other men. On August 28th he spoke in decidedly alarmist terms of the lessons which should be taught to us by the loss of the "Victoria." Speaking with the modesty of a mere layman on the subject, I should have been inclined to think that the chief moral to be drawn from that terrible and tragic disaster was the terribly important part which the mere personality of the individual in command still plays in deciding the fate of hundreds of lives; that, in short, the personal equation--as it has come to be called--- is still the supreme and decisive factor in all naval enterprises. But there may be some grounds for the alarmist views of Sir Edward Reed, and I see no reason why his views should not receive prompt, candid, and independent investigation. The officials may oppose such an investigation; but officials are always optimists, and the cold draught of outside criticism does them an immense deal of good. [Sidenote: The Grand Old Chieftain and his tactics.] At an early hour in the evening there was a very significant question, and an equally significant answer. Sir Charles Dilke called attention, with characteristic adroitness to a weapon which the Tories placed in our hands for dealing with such an emergency as that by which we were at the moment confronted. It was Lord Salisbury who made the most excellent suggestion that when a Bill had gone
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